Is New Zealand's energy sector stalled by a supply-demand standoff?

New Zealand’s energy sector is stalled by a supply-demand standoff, but there are ways to stimulate growth and attract investment. In brief : While New Zealand’s energy supply side challenges capture headlines and headspace, the demand side of the equation is often overlooked.

Can New Zealand achieve 100% renewable generation?

It has been estimated that for New Zealand to achieve 100% renewable generation, given the electricity demand in 2010, would require an additional 1550 MW of peaking generation capacity and 364 GWh of storage .

What is the NZ battery project?

But the national electricity system depends heavily on the fluctuating storage capacity of hydropower lakes, which makes the country prone to energy shortages during dry years. The NZ Battery Project aims to address this. One of the options being investigated is the Onslow pumped storage hydropower (PSH) scheme.

How can I view information about Generation Investment in New Zealand?

The dashboard provides an opportunity to view information about generation investment in New Zealand in different ways. For example, grouping by developer type shows that the proportion of projects developed by independent investors has increased significantly.

Why is energy security important in New Zealand?

“The market conditions New Zealand is experiencing demonstrate the critical importance of energy security to the New Zealand economy. Over the next four years Genesis is targeting building 500 MW of new renewable electricity and freeing up 500 MW of baseload generation at Huntly to support energy security.

Is there a multi-use seasonal pumped storage scheme in New Zealand?

Majeed, M., Evaluating the potential for a multi-use seasonal pumped storage scheme in New Zealand’s South Island. 2019, The University of Waikato. Price, M., Hawea-Wanaka water exchange hydro-electricity scheme mooted, in Otago Daily Times. 2012, Otago Daily Times: Dunedin.